Running multiple companies is already a difficult feat, but Musk’s name is synonymous with Tesla, one of the biggest companies in the U.S. He’s founded multiple companies over the years and is currently the CEO of both Tesla and SpaceX.
Musk told CNBC, three tips for new leaders: hire people smarter than you, don’t go with the flow, and focus on your foundation before anything else. He says that doing each of these things helps avoid all kinds of issues for a company’s future.
Scrupulous hiring prevents business owners from having to fire people and put resources into an additional hiring process, but in terms of working on a business’s foundation, Musk told CNBC, “Make sure you understand the fundamental principles of what you’re trying to do before you get into the details. Otherwise, you could be building on faulty ground.”
View more information: https://marketrealist.com/p/can-elon-musk-run-for-president/